German trade data now out

  • EUR+21.5bln prev
  • unadj +EUR 22.8bln
  • c/a balance EUR +11.1bln vs +16.0bln exp vs +19.6bln prev
  • exports sa mm +1.7% vs -0.8% exp vs +1.6% prev
  • imports sa mm +0.4% vs +0.1% exp vs -0.8% prev
  • unadj exports yy +4.6% imports +3.0%

Strongest monthly rise of the year